Indian Market View Commodity Channel (SEBI Registered)

LME Inventory For Today Aluminium up by 1475MT Copper up by 500MT Lead up by 600MT Nickel up by 180MT Zinc up by 1025MT Team Indian Market View

🌞 Commodities 🪙 Morning Update by IMV (17th Aug 2023) 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ Gold has support at 58300 and resistance 58600. Break and sustain below 58300 will take it to the next support level of 58150...58000 and sustainable trade above 58600 can see further upside move towards the next resistance level of 58750…58900 ✒️ Copper has support at 717 and resistance at 723 Sustainable trade above 723 will see the upside move towards 726, 729 and if sustained below 717 can catch the downside move towards 714, 711 respectively. ✒️ Crude Oil has support at 6550 and resistance at 6650. Sustainable trade below 6550 can see more downside towards 6510…6470 and if sustained above 6650 will see the upside move towards 6690…6730 levels. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

FOMC MEETING MINUTES SUMMARY 📌 TWO FED OFFICIALS FAVORED HOLDING RATES STEADY IN JULY 📌 MOST FED OFFICIALS SAW 'SIGNIFICANT' UPSIDE RISKS TO INFLATION 📌 FED MINUTES: INFLATION RISKS COULD REQUIRE FURTHER TIGHTENING TONE HAWKISH After FED meeting minutes we have seen sharp drop in COMEX GOLD prices. COMEX GOLD broke 15th Aug 2023 low of $1896 and currently trading at around $1893 while low made of $1889.61 MCX GOLD will witness a gap down opening today! Team Indian Market View

CRUDE OIL INVENTORIES 🛢️🛢️ Previous: 5.9M Forecast: -2.4M Actual: -5.960M Impact: Data Positive for Crude Oil Prices

Industrial Production m/m Previous: -0.50% Forecast: 0.30% Actual: 1.0% IMPACT: Actual data negative for Bullion

Evening Session US Data Building Permits Previous: 1.44M Forecast: 1.47M Actual: 1.44 IMPACT: Neutral Housing Starts Previous: 1.43M Forecast: 1.45M Actual: 1.45M IMPACT: Neutral

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (16th Aug 2023) ✍️ ✒️ Kindly follow our levels carefully. 👇🏻🤓 ✒️ Gold 🥇 has support at 58700 and resistance 59000. Break and sustain below 58700 will take it to the next support level of 58550...58400 and sustainable trade above 59000 can see further upside move towards the next resistance level of 59150…59300 ✒️ Zinc 🥉 has support at 208 and resistance at 212 Break and sustained below 208 will see the downside move 206---204 and if sustained above 212 can see further upside towards 214…216 level. ✒️ Crude Oil 🛢️ has support at 6680 and resistance at 6780. Sustainable trade below 6680 can see more downside towards 6640…6600 and if sustained above 6780 will see the upside move towards 6820…6860 levels. 👉 Rest Silver, Copper , Aluminium and NG evening levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

LME Inventory For Today (16th Aug 2023) Aluminium up by 775MT Copper up by 700MT Lead up by 750MT Nickel up by 228MT Zinc up by 32200MT Team Indian Market View

🌞 Commodities 🪙 Morning Update by IMV (16th Aug 2023) 🇮🇳✍🏻 ✒️ Kindly follow our levels carefully. 🧐👇🏻 ✒️ Silver has support at 69650 while resistance at 70250. Sustainable trade below 69650 will take it to 69350...69050 very soon. If it breaks and sustain the resistance level of 70250 then will take it to 70550---70850, respectively. ✒️ Zinc has support at 210 and resistance at 214 Break and sustained below 210 will see the downside move 208---206 and if sustained above 214 can see further upside towards 216…218 levels. ✒️ Natural Gas support has 216 and resistance 226. Sustainable trade above 226 can see more rally towards the next level of 231, 236 and if sustained below 216 then can move towards 211…206. 👉 Rest of the Commodities levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com

IMPACT: As per actual data figure it is negative for Bullion Prices

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CHINA DATA UPDATE IMPACT: All data are Negative for Base Metals Commodities

Happy Independence Day Dear Friends 🇮🇳🇮🇳

Good evening all Tomorrow morning we have important data from China and in the evening session important data from US 👀 Almost all data are important and forecast figure showing mix impact (some are positive while some are negative)... Therefore keep your position light.... As tomorrow we have off in Indian Market on account of Independence Day 🇮🇳🇮🇳 . Thanks - Team Indian Market View

📢 MCX Commodities 🪙 Evening Session Technical Levels 🧐 by IMV (14th Aug 2023) ✍️ No US Economic Data Today ✒️ Kindly follow our levels carefully. 👇🏻🤓 ✒️ Silver 🥈 has support at 69800 while resistance at 70400. Sustainable trade below 69800 will take it to 69600...69300 very soon. If it breaks and sustain the resistance level of 70400 then will take it to 70700---71000 respectively. ✒️ Zinc 🥉 has support at 213 and resistance at 217 Break and sustained below 213 will see the downside move 211---209 and if sustained above 217 can see further upside towards 219…221 level. ✒️ Crude Oil 🛢️ has support at 6840 and resistance at 6940. Sustainable trade below 6840 can see more downside towards 6800…6760 and if sustained above 6940 will see the upside move towards 6980…7020 levels. 👉 Rest Gold, Copper , Aluminium and NG evening levels send to Weekly Report Buyers and to our Paid Package Subscribers www.indianmarketview.com